This property looks like a bad Long-Term investment with a projected -30.04% first-year return on $172k initial cash invested.
-30.04%
Cash On Cash
0.47%
Cap Rate
0.07
DSCR
$2,935
Rent
-$4,313
Cashflow
Cash Flow
$2,935 income − $7,248 expenses = $4,313 out of pocket
Investment Breakdown
|
Purchase Price
$820k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$172k
Downpayment
20%
$164k
Closing costs
1%
$8,204
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,935
Total Expenses
$7,248
Mortgage P&I
153%
$4,487
Property Taxes
38%
$1,128
Home Insurance
10%
$289
HOA
20%
$580
Property Management
10%
$294
CapEx
5%
$147
Vacancy
6%
$176
Maintenance
5%
$147
Other
0%
$0